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Takaful (Arabic: التكافل, sometimes translated as "solidarity" or mutual guarantee) [1] is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia-compliant alternative to conventional insurance, which contains riba (usury) and gharar (excessive uncertainty).
Qatar Insurance Group (QIC, QIC Group) is a Qatari insurance company, headquartered in Doha. [ 1 ] [ 2 ] QIC Group was listed 73rd on Forbes Middle East top 100 companies in 2022 [ 3 ] and 72nd on the Fortune 500 Arabia list for 2023.
Salama Islamic Arab Insurance Company (Arabic: الشركة الإسلامية العربية للتأمين) also known as Salama is one of the largest and most established providers of Shariah-compliant Takaful [1] solutions globally.
On the other hand, according to Muhammad Akram Khan, Mahmud El-Gamal, the cooperative ideal has not been followed in practice by most takaful companies—who do not give their holders a voice in appointing and dismissing managers, or in setting "rates of premium, risk strategy, asset management and allocation of surpluses and profits".
Qatar Executive: Consumer services Airlines Doha: 2009 Charter jet subsidiary of Qatar Airways: S A Qatar Insurance: Financials Full line insurance Doha: 1964 State-owned insurance company S A QNB Group: Financials Banks Doha: 1964 Commercial bank P A Qatar National Cement Company: Industrials Building materials & fixtures Umm Bab: 1965 Cement ...
Pages in category "Insurance companies of Qatar" This category contains only the following page. This list may not reflect recent changes. Q. Qatar Insurance
Amana Takaful PLC, doing business as Amana Takaful Insurance, is a Sri Lankan insurance company which follows the principles of Islam and it is listed in the Colombo Stock Exchange. It provides services ranging from life insurance and different types of general insurance solutions such as motor vehicle insurance , health insurance , theft and ...
The idea of founding Weqaya Takaful Insurance and Reinsurance company has been resulted from the convergence of investment and economic visions for a number of investment companies specializing in private investments with the experienced insurance technical vision and strategy for a number of insurance experts, known in the Kingdom of Saudi ...